XML 24 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 1,084 $ 1,202
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,639 1,591
Allowance for equity during construction (76) (65)
Impairment and other 60 22
Deferred income taxes and investment tax credits 133 77
Other 48 17
Nuclear decommissioning trusts (86) (117)
Changes in operating assets and liabilities:    
Receivables (325) (387)
Inventory (25) 10
Accounts payable 20 (11)
Tax receivables and payables 137 (128)
Other current assets and liabilities (424) (40)
Regulatory assets and liabilities, net 213 560
Other noncurrent assets and liabilities (127) (33)
Net cash provided by operating activities 2,271 2,698
Cash flows from financing activities:    
Long-term debt issued or remarketed, net of discount and issuance costs 3,237 2,236
Long-term debt matured (654) (1,182)
Preference stock issued, net 0 463
Preference stock redeemed 0 (475)
Short-term debt financing, net (2,228) (401)
Payments for stock-based compensation (37) (365)
Receipts from stock option exercises 20 201
Dividends and distributions to noncontrolling interests (96) (100)
Dividends paid (591) (530)
Other 38 (23)
Net cash used in financing activities (311) (176)
Cash flows from investing activities:    
Capital expenditures (3,241) (2,674)
Proceeds from sale of nuclear decommissioning trust investments 3,017 3,974
Purchases of nuclear decommissioning trust investments (2,931) (3,857)
Proceeds from sale of SoCore Energy, net of cash acquired by buyer 78 0
Other 64 54
Net cash used in investing activities (3,013) (2,503)
Net (decrease) increase in cash, cash equivalents and restricted cash (1,053) 19
Cash, cash equivalents and restricted cash at beginning of period 1,132 114
Cash, cash equivalents and restricted cash at end of period 79 133
Southern California Edison Company    
Cash flows from operating activities:    
Net income 1,210 1,215
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 1,632 1,581
Allowance for equity during construction (76) (65)
Impairment and other (10) 0
Deferred income taxes and investment tax credits 108 337
Other 43 9
Nuclear decommissioning trusts (86) (117)
Changes in operating assets and liabilities:    
Receivables (337) (389)
Inventory (25) 11
Accounts payable 2 (16)
Tax receivables and payables 80 (146)
Other current assets and liabilities (412) (36)
Regulatory assets and liabilities, net 213 560
Other noncurrent assets and liabilities (84) (143)
Net cash provided by operating activities 2,258 2,801
Cash flows from financing activities:    
Long-term debt issued or remarketed, net of discount and issuance costs 2,692 1,445
Long-term debt matured (639) (781)
Preference stock issued, net 0 463
Preference stock redeemed 0 (475)
Short-term debt financing, net (1,137) (441)
Payments for stock-based compensation (16) (80)
Receipts from stock option exercises 8 45
Dividends paid (570) (481)
Other 2 (34)
Net cash used in financing activities 340 (339)
Cash flows from investing activities:    
Capital expenditures (3,223) (2,610)
Proceeds from sale of nuclear decommissioning trust investments 3,017 3,974
Purchases of nuclear decommissioning trust investments (2,931) (3,857)
Other 63 52
Net cash used in investing activities (3,074) (2,441)
Net (decrease) increase in cash, cash equivalents and restricted cash (476) 21
Cash, cash equivalents and restricted cash at beginning of period 515 40
Cash, cash equivalents and restricted cash at end of period $ 39 $ 61